Rio Tinto, Sinosteel Extend Channar JV

Rio Tinto and China’s Sinosteel Corp. have agreed to extend their historic Channar Mining joint venture. This third extension of the joint venture, confirmed in Beijing by Rio Tinto Chief Executive J-S Jacques and Sinosteel Chairman Xu Siwei, will see an additional 10 million metric tons (mt) of iron ore delivered into the joint venture from Western Australia.